Hapag-Lloyd splits Gulf Caribbean Service into two new slings
HAMBURG : German ocean carrier Hapag-Lloyd will split its Gulf Caribbean Service (GCS), connecting the United States East Coast and Mexican Gulf with Central America and the Caribbean, into two separate loops. Starting in
Hapag-Lloyd increases rates from Middle East to US
HAMBURG : Hapag-Lloyd has announced updated container rates from the Middle East to North America and, in particular, from India, Pakistan, United Arabic Emirates, Bahrain, Oman, Kuwait, Qatar, Saudi Arabia and Sri Lanka to
Hapag-Lloyd CEO says he is optimistic about shipping development in India
FRANKFURT: German container liner Hapag-Lloyd (HLAG.DE) sees great opportunity in India where containerisation levels are still low, Chief Executive Officer, Mr. Rolf Habben Jansen told reporters on Thursday. Having accompanied German Chancellor Olaf Scholz on a
Shell to provide LNG for Hapag-Lloyd’s 23,500+ TEU newbuilds
HAMBURG : German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western LNG B.V (Shell). The LNG is intended for Hapag-Lloyd’s twelve ultra-large dual-fuel
TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal started first biofuel bunker term delivery in Singapore
SINGAPORE : TotalEnergies Marine Fuels has successfully completed its first refueling of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used Cooking Oil Methyl Ester)-based, marine biofuel. This inaugural bunker operation marks the
‘The Party is Over’ for Container Shipping : Hapag-Lloyd CEO
HAMBURG : Container freight rates will keep declining in the current realignment of shipping demand and supply, said the CEO of Germany’s liner Hapag Lloyd, the world’s number five by transport capacity. “The party is over.
Hapag-Lloyd achieves extraordinarily strong result in its anniversary year 2022
HAMBURG : On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR
Hapag-Lloyd acquires share in J M Baxi Ports & Logistics Limited
HAMBURG : Hapag-Lloyd signed a binding agreement under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Additionally, Hapag-Lloyd AG signed